DIDIY News and Press, DiDi Global Inc. American Depositary Shares (each four representing one Class A) From 08/28/23

2023-08-28 06:44:29 ET Summary XPeng announces partnership with DiDi Global, including the purchase of DiDi's smart car arm. 3M agrees to a $5.5 billion settlement over military earplugs lawsuits. Jabil sells its mobility business in China to BYD Electronic for $2.2 billion. ...

2023-07-07 05:56:12 ET Ant Group is likely to face a fine of at least RMB 8B (~$1.1B) from Chinese authorities, marking an end to the company's regulator-driven revamp, Reuters reported citing people with knowledge of the matter. The People's Bank of China (PBOC) had been steering ...

2023-06-22 05:34:56 ET Summary DiDi Global's current market valuation of around $14 billion on the OTC market does not accurately reflect its true underlying value, creating a significant discrepancy. The strong moat created by DiDi in the Chinese ride-sharing market, through its ...

2023-05-15 07:52:42 ET Summary SoftBank Group Corp. is loss-making but has managed to enforce some damage limitations by shifting to "defense mode". Through its holdings, it has also initiated a Japanese ChatGPT project while its Vision Funds provide deep exposure to the AI market...

2023-04-12 02:15:11 ET Summary DIDIY is focused on shared mobility and offers a variety of mobility services to its customers. China accounts for about 90% of the company's sales. China will dominate this analysis. The firm has emerged from a difficult period with renewed opti...

2023-04-11 08:24:16 ET Summary Uber finally become profitable on an adjusted operating income basis backing out R&D. Price to sales is still a bit rich, but lower than many recent tech IPO comps. The world is open, the apps are improving and revenue is growing. U...

2023-03-23 10:59:09 ET The transportation industry has seen significant changes in recent years with the rise of ride-hailing services like Uber Technologies, Inc. (NYSE: UBER) , Lyft Inc. (NASDAQ: LYFT) , and DiDi Global Inc. (OTC: DIDIY) . The...

Chinese ride-hailing giant DiDi Global ( OTCPK:DIDIY ) saw its shares fall almost 5% Monday on little major news for company. Activity in DiDi ( OTCPK:DIDIY ) shares was slightly below average, as 12.2M shares of the company's stock had traded hands by the close of trading. DiDi ( O...

China is set to launch a state-owned transportation platform that includes ride-hailing and flight services, as Beijing keeps a strong hand on tech sector. The platform, called Strong Nation Transport, will initially target Communist party members and employees of government-owned enterprises, ch...

China’s government is allowing ride-hailing firm %DidiGlobal ($DIDIY) to restart new user registrations in a sign that the country’s crackdown on technology companies is starting to ease. The move is the latest sign that regulators in Beijing are loosening restrictions place...